Published: Fri, October 13, 2017
Economy | By Annette Adams

Alphabet Inc (GOOGL) Analysts See $8.43 EPS

Alphabet Inc (GOOGL) Analysts See $8.43 EPS

Finally, Bridges Investment Management Inc. raised its holdings in shares of Alphabet by 1.4% in the 3rd quarter. LLC now owns 266 shares of the information services provider's stock worth $226,000 after buying an additional 3 shares during the period. Delta Asset Management LLC TN boosted its stake in shares of Alphabet by 1.5% in the first quarter. RB Capital Management LLC boosted its holdings in shares of Alphabet by 0.4% in the 2nd quarter. Cribstone Capital Management LLC now owns 184 shares of the information services provider's stock worth $167,000 after acquiring an additional 10 shares during the last quarter. McQueen Ball & Associates Inc. raised its holdings in shares of Alphabet by 18.2% in the 3rd quarter. Institutional investors and hedge funds own 34.53% of the company's stock.

Tanaka Cap Inc stated it has 176 shares. "(GOOG) Acquired by Deroy & Devereaux Private Investment Counsel Inc." was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this report on another site, it was illegally stolen and republished in violation of USA and global copyright & trademark laws. Alphabet Inc. has a 12 month low of $743.59 and a 12 month high of $1,008.61. (GOOGL) opened at 1005.65 on Thursday. It is now trading at $989.25 slightly over $938.42, the 50 day moving average and which is marginally higher than the 200 day moving average of $922.72. The firm has a market capitalization of $687.09 billion, a P/E ratio of 33.56 and a beta of 0.98. The correct version of this article can be read at

Alphabet Inc. (NASDAQ:GOOGL) has shown an EPS growth of 13.40% in the last 5 years and sales growth of 19.00% for the same year while for the next 5 years; the EPS growth estimates 19.06%.Along with this Sales growth yoy (quarter over quarter) was considered as 21.00%. Alphabet had a net margin of 19.49% and a return on equity of 13.66%. The business had revenue of $26.01 billion for the quarter, compared to analysts' expectations of $25.61 billion. The information services provider reported $5.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $8.25 by ($3.24). The firm now has a $1,200.00 price target on the information services provider's stock, up from their prior price target of $950.00. LLC boosted its stake in shares of Alphabet by 1.1% in the first quarter. The purchase, at a price of $817, resulted in Antonio Lee bringing total 4.49 billion shares. The disclosure for this sale can be found here. (GOOGL) is a number of factors, including perhaps, a steady increase of the profile of the company as insider activity takes center stage.

As for search, the analyst expects continued growth in mobile traffic and higher cost per click trends as retailers use location-based targeting more frequently. J P Morgan Chase & Co restated a "buy" rating on shares of Alphabet in a research note on Tuesday, July 25th. The stock of Alphabet Inc (NASDAQ:GOOGL) has "Buy" rating given on Thursday, September 14 by Needham.

A total of 12 brokers have issued a research note on the stock. Robert W. Baird has "Buy" rating and $1100.0 target. The firm has "Buy" rating given on Tuesday, July 25 by Jefferies. The company presently has an average rating of "Buy" and a consensus price target of $1,058.31.

Among 51 analysts covering Google (NASDAQ:GOOGL), 46 have Buy rating, 0 Sell and 5 Hold.

The value of the company's investment in Alphabet Inc. went from $1,139,000 to $1,145,000 a change of 0.5% quarter to quarter. (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Business's segments include Google and Other Bets.

A number of other research analysts have also recently issued reports on the company.

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